Coinbase wallet and Google take a new turn to increase Web 3 ecosystems. Coinbase launch new strategic partnerships with Google cloud to drive web 3 innovation. This partnership help traders in crypto payments and its solution.
Is Web3 on Coinbase?
In this collaboration, coinbase will selecting Google cloud as a strategic cloud provider, who build advanced exchange and data services for coinbase. Coinbase will be use Google’s powerful software to provide fast and safe crypto payment and tranding for their users, for this development coinbase will use Google’s premium fiber-optic network.
Additionally, Google cloud user also can get some benifits by this deal. Now Google cloud accept that, user can get web 3 ecosystem as a payment options. Yes, now Google cloud accept crypto currency as a services fees by coinbase wallet. It will enable merchants globally to accept cryptocurrency payments in a decentralized way, the new payments experience will benefit Google Cloud’s customers and partners by increasing the optionality of payments for Google Cloud services.
Moreover, this partnership will help developer too, because they can access Google’s BigQuery crypto public datasets, which will be powered by Coinbase Cloud Nodes, across leading blockchains. It help developer to use web 3 system without any expensive and complex infrastructure. Add further, Google will use coinbase prime for crypto service : custody and reporting.
Does Google support Blockchain?
Coinbase CEO Brian Armstrong have a statement about this deal : “We are excited Google Cloud has selected Coinbase to help bring Web3 to a new set of users and provide powerful solutions to developers. With more than 100 million verified users and 14,500 institutional clients, Coinbase has spent more than a decade building industry-leading products on top of blockchain technology.”
Also Google Cloud CEO Thomas Kurian opined that : “We want to make building in Web3 faster and easier, and this partnership with Coinbase helps developers get one step closer to that goal.”